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Studying Of Application Of BOT Investment And Compound Financing In Water Supply Industry

Posted on:2003-04-26Degree:MasterType:Thesis
Country:ChinaCandidate:J P LongFull Text:PDF
GTID:2156360092475257Subject:Environmental Engineering
Abstract/Summary:PDF Full Text Request
With the further reform of the state economic system, the central committee of Party strengthens the support to the west development, especially the policy slant on development of the infrastructure construction. How to deeply understand the policies of the west development and grasp the chance of the influence of the policies on the infrastructure construction; to combine with the characteristic of the water supply of Chengdu City and to analyze and choose the suitable financing mode for construction of water supply within the limits permitted by the state policies. The main points and the conclusion of this paper are in the following:(1) The characteristic for water supply construction is that as an important infrastructure of the city whether the water supply facilities are well established will directly influence the economic bearing capacity of the city. So it is an important field for Government management. And also it has its specific characteristics:a) For the construction of water supply it has the characteristics of long construction period, large quantity of funds and long period returns. b) The construction of water supply is not simply project construction. It should give the consideration to social benefits when considering the economic benefits and also it should give the consideration to the bearing of the society when considering the rate of returns in project construction;c) The product it provides is the producing and living necessity. It cannot be replaced. It is often called as the "source of life" and the "lifeline of the industry". The water supply construction is the lifeline construction of the city; d) This kind product only can be sold in local part with the short quality guarantee period and difficult to store. The flexibility coefficient of the price is small. The price is still the fewness prices controlled by the government and supervised by the state, which is also one of the price deals with the national economy and people's livelihood. The price will be fixed under the guidance of the Government with strictly and complexly examination and approval procedures; e) The water supply enterprise is not complete adjusted by market economy. To a great extent still remains the management mode under the planned economy system. The price of the product is difficult to be reflected by the market mechanism; Due to reasons of the investment and the construction period and the economyf) of scale, the construction of water supply facilities of the city should be constructed in advance. (2) To analyze all kinds of the financing ways and their characteristics deeply and carefully and the comprehensive evaluation:a) To introduce briefly the construction mode of BOT from the BOT production mode and actual operation condition in China;b) To explain the design characteristic and to analyze the characteristic from its technological progress of BOT construction mode;c) To analyze the cost of purchase price from the rate of the investment returns. And to compare with other financing ways based on the characteristic of its water price;d) To analyze the multiplicity and the complexity of laws when carrying on the financing of the project from the relative factors of laws of BOT construction mode.(3) The maneuverability of using kinds of loans to construct water supply project and the comprehensive evaluation:a) The technique and the technology of the construction of the combined financing projects and the analysis of the train of thought for construction. From that to find out the different points and train of thought on the technological process in construction with BOT construction mode;b) To analyze the financing ways one by one and to use a great deal economic operation modes to calculate and analyze the construction cost and operation cost of the combined loans. And their differences with BOT mode and their advantages and disadvantages. (4) In the circumstance of the unification of the economic benefits and social benefits, to analyze the effect...
Keywords/Search Tags:BOT construction mode, Technological process, Rate of the returns on investment, Loan from the OECF of JapanThe combined financing
PDF Full Text Request
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